Broadcasting giant ITV is to make a return to London's blue chip share index as part of the latest FTSE 100 reshuffle.

The FTSE Group confirmed ITV's promotion in its quarterly review of Footsie members - a move which comes after the resurgent commercial television network spent nearly three years in the second-tier FTSE 250.

ITV fell out of the top flight in 2008 as the recession squeezed its advertising revenues.